Pip calculator

A pip is small. Your lot isn't.

Find out what one pip costs you before the market does.

Drag the scale

 

Pip value by lot size

LotValue of 1 pip
0.010.01 USD
0.10.1 USD
0.50.5 USD
11 USD

Standard contract sizes. Brokers differ: check yours before you trade.

How it's calculated

Pip value = contract size x pip size x lots. One standard lot of Gold (XAU/USD) is 100 units and one pip is 0.01, so one pip on one lot is worth 1 USD.